Question
(Yield to maturity) Assume the market price of a 13-year bond for Margaret Inc. is $925, and it has a par value of $1,000. The
(Yield to maturity) Assume the market price of a 13-year bond for Margaret Inc. is $925, and it has a par value of $1,000. The bond has an annual interest rate of 8% that is paid semiannually. What is the yield to maturity of the bond?
The yield to maturity of the bond is
_%
(Round to two decimal places.)
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Advanced Models And Tools For Effective Decision Making Under Uncertainty And Risk Contexts
Authors: Vicente González-Prida, María Carmen Carnero
1st Edition
1799832465,179983249X
